If the iron ore futures price was a song, it would be 'Smells like teen spirit', by Nirvana.
It seems the IronOre price is getting 'high' of the 'perfume' that China's steel market could finally be turning around. Let's see if the price action sticks. $BHP Group Ltd(BHP.AU$
It seems the IronOre price is getting 'high' of the 'perfume' that China's steel market could finally be turning around. Let's see if the price action sticks. $BHP Group Ltd(BHP.AU$
Imagine you bought something from JB Hi-fi 6 months ago.
You get a call from them saying they just found it they overcharged you, they are sending you 1,000 back.
Are you happy that you are getting 1,000? Or are you pissed off that they overcharged you in the first place?
It's like getting fired, but getting a good redundancy. Having your engine blow up, but it's fully covered under warranty.
It's a 'good' thing that you definitely want to happen. But it's better to not be in the situation that ...
You get a call from them saying they just found it they overcharged you, they are sending you 1,000 back.
Are you happy that you are getting 1,000? Or are you pissed off that they overcharged you in the first place?
It's like getting fired, but getting a good redundancy. Having your engine blow up, but it's fully covered under warranty.
It's a 'good' thing that you definitely want to happen. But it's better to not be in the situation that ...
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Uh oh. Inflation at 4%, Albo cannot blame international causes for this. This is domestic.
Since its inception, Australia's Bitcoin ETF has acquired a total of 50 BTC. Bitcoin ETFs provide a regulated way for investors to gain exposure to Bitcoin without needing to directly hold the cryptocurrency themselves.
1
BHP’s chief executive said recently that boosting copper supply to a degree that would ensure meeting demand by 2030 would require $250 billion in investment. But according to Clareo’s Bryant, “peak demand, starting roughly in 2035, does not last for the life of a major asset so there’s no incentive to build new supply that will only be needed for a fraction of the life of an asset. In short, demand has to flatten.” $BHP Group Ltd(BHP.AU$
Downgrades keep coming on the ASX…Paul Warren Automotive ( $Peter Warren Automotive Holdings Ltd(PWR.AU$ ) was the latest.
What’s to stop energy companies from absorbing the energy rebate into their price increases?
Happy I’ll be getting an energy rebate to help with our high energy bills, but can’t help but feel it wouldn’t get far with energy companies arbitrarily raising their prices.
$Fortescue Ltd(FMG.AU$ $Newmont Corp(NEM.AU$ $Rio Tinto Ltd(RIO.AU$
Happy I’ll be getting an energy rebate to help with our high energy bills, but can’t help but feel it wouldn’t get far with energy companies arbitrarily raising their prices.
$Fortescue Ltd(FMG.AU$ $Newmont Corp(NEM.AU$ $Rio Tinto Ltd(RIO.AU$
I’ve heard journalists say the energy subsidies will bring down measured CPI and that would lead the RBA to cut rates faster.
Obviously that ignores demand effects. But, more importantly, it ignores the fact that the RBA targets core (not headline) CPI, which is little affected.
$S&P/ASX 200(.XJO.AU$
Obviously that ignores demand effects. But, more importantly, it ignores the fact that the RBA targets core (not headline) CPI, which is little affected.
$S&P/ASX 200(.XJO.AU$
There is no question childcare workers will be receiving a pay rise in this budget – the only questions are how much and how it will be distributed.